Global Real Estate Advisors Represent Seller In $5.15M Mixed-Use Sale At 1001 Pine Street
SOLD
$5,150,000
Pennsylvania
See Similar DealsMixed-use12,960 SF
Sold 11/17/2025
SOLD
Global Real Estate Advisors Represent Seller In $5.15M Mixed-Use Sale At 1001 Pine Street
1001 Pine Street
See Similar DealsMixed-use12,960 SF
Sold 11/17/2025
Summary
PENNSYLVANIA
Asset Type:Mixed-use
Price Per Square Foot:$397
Total Square Footage:12,960 SF
Transaction Type:Sale
This mixed-use asset, located at 1001 Pine Street in Philadelphia, was sold for $5,150,000. The property comprises 20 units and offers a total of 12,960 square feet, translating to a price per unit of $257,500 and a price per square foot of $397.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $5,150,000
- Units: 20
- Square Footage: 12,960
- Price Per Unit: $257,500
- Price Per Square Foot: $397
- Seller's Representatives: Kenneth Wellar, Corey Lonberger & Alan Krawitz - Global Real Estate Advisors (GREA)
The transaction involved representatives from Global Real Estate Advisors (GREA), specifically Kenneth Wellar, Corey Lonberger, and Alan Krawitz, managing the sale on behalf of the seller.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$274,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,296.86
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,413.63
Annual Debt Service$292,963.53
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